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post #161 of 516
XOMA news -

XOMA Ltd. (Nasdaq:XOMA), a leader in the discovery and development of therapeutic antibodies, announced new data demonstrating the unique regulatory mechanism of action of XOMA 052, a potent antibody drug candidate that inhibits the inflammatory cytokine interleukin-1 beta (IL-1 beta). XOMA 052 is currently under study for the treatment of patients with Type 2 diabetes, cardiovascular and other diseases. The new results were reported at the European Association for the Study of Diabetes medical conference in Vienna today.

"XOMA 052 is the first example of using an antibody to regulate, or fine-tune, a physiological pathway by altering a cytokine's affinity for its receptor, rather than by completely blocking signaling," noted Stephen Doberstein, Ph.D., Vice President of Research for XOMA. "Using XOMA's state-of-the-art antibody discovery and engineering technologies, we are able to create sophisticated antibodies to regulate the activities of a wide range of therapeutic targets. This is a major advance in the field of antibody discovery and development."

Unlike traditional antibodies that completely block all contact between target and receptor, XOMA 052 regulates IL-1 beta signaling, allowing the maintenance of beneficial low levels of signaling while reducing pathologically high levels that cause disease. XOMA 052 acts by reducing the affinity of IL-1 beta for its signaling receptor, while having no effect on the decoy receptors that clear excess IL-1 beta from the body. This regulatory mechanism of action for XOMA 052 may confer advantages for the drug in the treatment of IL-1 beta implicated diseases, such as Type 2 diabetes and cardiovascular disease, compared to antibodies that completely block the IL-1 beta pathway.

While excess IL-1 beta secretion is known to cause inflammation and disease, IL-1 beta also has beneficial effects. Low levels of IL-1 beta act as a stimulatory, growth and survival factor for the pancreatic beta cells that are responsible for insulin secretion. High levels of IL-1 beta secretion lead to insulin resistance and a loss of healthy beta cell function and mass, which contributes to the pathology of Type 2 diabetes. An optimal therapy would reduce high levels of IL-1 beta activity to lower, beneficial levels. In addition, IL-1 beta has an important role in infection resistance, and clinical results to date with XOMA 052 suggest that this role may be unaffected by XOMA 052 treatment.

A more detailed summary of the research presented at EASD has been submitted for publication in a peer-reviewed journal.

About XOMA 052

XOMA 052 is a potent monoclonal antibody with the potential to improve the treatment of patients with a wide variety of inflammatory diseases. XOMA 052 binds strongly to IL-1 beta, a pro-inflammatory cytokine involved in the development of Type 2 diabetes, cardiovascular disease, rheumatoid arthritis, gout and other diseases. By binding to IL-1 beta, XOMA 052 inhibits the activation of the IL-1 receptor, thereby preventing the cellular signaling events that produce inflammation. XOMA 052 has a half-life of 22 days. Based on its binding properties, specificity to IL-1 beta and half-life, XOMA 052 may provide convenient dosing of once per month or less frequently. Phase 1 clinical trials with XOMA 052 are complete. XOMA 052 was well tolerated in these trials and demonstrated evidence of biological activities in diabetic and cardiovascular outcomes.

XOMA developed XOMA 052 using the company's proprietary antibody technologies, capabilities and expertise. XOMA owns worldwide rights to the antibody and related intellectual property. The company is actively pursuing a partnership for the development and commercialization of XOMA 052.

About XOMA

XOMA discovers, develops and manufactures therapeutic antibodies designed to treat inflammatory, autoimmune, infectious and oncological diseases. The Company's proprietary product pipeline includes XOMA 052, an anti-IL-1 beta antibody, and XOMA 3AB, a biodefense anti-botulism antibody candidate.

XOMA has multiple revenue streams resulting from the licensing of its antibody technologies, product royalties, development collaborations, and biodefense contracts. XOMA's technologies have contributed to the success of marketed antibody products, including LUCENTIS(R) (ranibizumab injection) for wet age-related macular degeneration and CIMZIA(R) (certolizumab pegol) for rheumatoid arthritis and Crohn's disease.

The company has a premier antibody discovery and development platform that incorporates unmatched capabilities in library construction, proprietary antibody humanization and affinity enhancement and Bacterial Cell Expression (BCE) technologies. BCE is a key breakthrough biotechnology for the discovery and manufacturing of antibodies and other proteins. As a result, more than 50 pharmaceutical and biotechnology companies have signed licenses to our BCE technology.

In addition to developing its own products, XOMA develops products with premier pharmaceutical companies including Novartis AG, Schering-Plough Research Institute and Takeda Pharmaceutical Company Limited. XOMA has a fully integrated product development infrastructure and a team of approximately 190 employees at its Berkeley, California location. For more information, please visit http://www.xoma.com.

The XOMA Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5960
post #162 of 516
XOMA Announces $13.9 Million Financing

* Press Release
* Source: XOMA Ltd.
* On Wednesday September 30, 2009, 5:36 pm EDT


BERKELEY, Calif., Sept. 30, 2009 (GLOBE NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA - News) today announced the sale of 18 million of its common shares to Azimuth Opportunity Ltd. for gross proceeds of $13.9 million, or approximately $0.77 per share, under its existing committed equity financing facility with Azimuth. The Company intends to use the net proceeds from this sale to continue development of its XOMA 052 product candidate, for other general corporate purposes and for working capital. Based on its cash reserves including the proceeds from this offering, anticipated revenues from collaborations including a XOMA 052 corporate partnership, licensing transactions and biodefense contracts, XOMA believes it has sufficient cash resources to meet its anticipated net cash needs into 2011.


"We are pleased to have significantly strengthened our financial position through this offering and the elimination of substantial debt, as announced last week," said Steven B. Engle, XOMA Chairman and Chief Executive Officer. "In addition, we recently entered into a $6 million technology collaboration with a subsidiary of Cephalon Inc. and expanded our biodefense business with a new contract for development of an antibody to influenza viruses including the H1N1 and H5N1 strains. These developments strengthen our financial position as we pursue additional collaborations including a XOMA 052 corporate partnership and other antibody technology collaborations."

The securities described above were sold by XOMA Ltd. pursuant to a registration statement previously filed and declared effective by the Securities and Exchange Commission.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
post #163 of 516
purchased some monday,im hoping this finacing makes it boom.
post #164 of 516
http://www.tradingmarkets.com/.site/...0News/2565998/

Oct 06, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- XOMA | Quote | Chart | News | PowerRating -- UK-based private equity firm Azimuth Opportunity, Ltd. has acquired 18 million common shares of XOMA, Ltd. at a price of $0.77 per share for approximately $13.9 million
post #165 of 516
Any new information about this stock?? Haven't seen much movement.
post #166 of 516
I think nobody really knows about the company, yet. If you hear anything on the news about bioterrorism, backup the truck. XOMA already has one contract with the military that I'm aware of and looking to expand it.
post #167 of 516
Gambler & others - you still playing this....... down to .67
post #168 of 516
Quote:
Originally Posted by madstal View Post
Gambler & others - you still playing this....... down to .67
wow, blast from the past. Nope, haven't really played it since this

http://www.hotstockmarket.com/forums...ma#post2023895

was tempted a few times, (maybe I even went in and out flat once) but there are much, much better plays out there for the next month.

g
post #169 of 516
I am looking for bounce this week, anyone else
I would expect more news to be forthcoming, although it hasn't done anything lately.

post #170 of 516
A single dose of the experimental injectable drug antibody, known
as XOMA 052 has been shown to improve blood sugar control in
patients with type 2 diabetes. This would be a disease-modifying
drug that allows the pancreas to get back to a more normal state.
A subcutaneous injection that could potentially be given as
infrequently as once a month.

It is designed to block an inflammation-causing protein known as
interleukin-1 beta, which has recently been linked to inflammatory
damage to insulin-producing cells known as islet cells. A single
injection of the antibody reduced levels of HbA1c -- a standard
measure of glucose control -- in four of five tested dose levels
compared to placebo. Median HbA1c levels were reduced in all 5
groups and the reduction was as much as 0.6 percent after 28 days
compared to baseline. With one dose we have a 0.6 percent
improvement. If you extrapolate to three months, the improvement
is probably going to be even better.

The results of the trials, which were presented in Rome at a
meeting of the European Association for the Study of Diabetes,
showed no evidence of serious adverse side effects or infusion
reactions. Dr. Marc Donath, Professor of Endocrinology and
Diabetes at the University Hospital of Zurich, a pioneer in anti-
inflammatory approaches to diabetes treatment, will serve as lead
investigator of Xoma's European trial.

Wednesday November 4, 2009
XOMA Ltd Granted First European Patent Covering XOMA 052
post #171 of 516
Wow, talking about opportunity, this thing looks interesting

I initiated a position @ 0.70

globenewswire
XOMA 052 Selected as a Top Ten Project to Watch

* Press Release
* Source: XOMA Ltd.
* On 3:17 pm EST, Thursday November 12, 2009

BERKELEY, Calif., Nov. 12, 2009 (GLOBE NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA - News), a leader in the discovery and development of antibody therapeutics, announced its anti-inflammatory antibody to interleukin-1 beta (IL-1 beta), XOMA 052, has been selected as a Top Ten Cardiovascular/metabolic Project to Watch for partnering opportunities.


CLICK HERE
post #172 of 516
Yes, I agree it's a great investment. I'm just waiting for the rest of the world to wake-up. This monster is a coiled spring, heavily shorted. Merck might take a huge bite as early as Monday during the American Heart Association's annual meeting in Orlando. "Squawk Box" will have a live report on the event and all this following World Diabetes Day tomorrow. I don't understand why the stock hasn't done anything but gone down, lately. It's crazyland
post #173 of 516
Today's letter of noncompliance may not be a big deal. Certianly stirred up a hornets nest, but could quickly blow over.

I'm still researching it and will decide whether to sell, buy more or hold. Read one very recent analyst report with a 2.2 dollar short term target, and 12 dollar long term. Got my attention.
post #174 of 516
I'm glad I was out @ 0.80 yesterday ... looking for 0.70 or lower entry again.
post #175 of 516
While losing 6% is never anything to cheer about, all things considered its not bad given the circumstances. Despite the NASDAQ letter and the substantial short interest the price didnt move below where it was 3 days ago. I'm going to do a little more research on XOMA and if by Monday I'm convinced the recent 2+ dollar analyst targets are realistic I will start accumulating more on dips.
post #176 of 516
Xoma initiated with a Buy at Canaccord
Target $2.40. :theflyonthewall
post #177 of 516
I found this article in the July 2007 issue of Scientific American. Besides serving to collaborate what XOMA has be saying all along, the CEO's of big pharma have also recognized the future lies in protein based delivery systems which are currently in development. Some more good reading would be Controlling Inflammation & Alzheimer's. If you can turn the gene off, you should be able to turn it on, hmmm

In the past 15 years, innate immunity has come into its own. Inflammation, its hallmark characteristic, has gained recognition as an underlying contributor to virtually every chronic disease a list that, besides obvious culprits such as rheumatoid arthritis and Crohn’s disease, includes diabetes and depression, along with major killers such as heart disease and stroke. The possibility of a link with a third major killer cancer has received intensive scrutiny in this decade. The connection between inflammation and cancer has moved to center stage in the research arena, notes Robert A. Weinberg of the Massachusetts Institute of Technology’s Whitehead Institute for Biomedical Research, who has highlighted the changing emphasis in a revision of his leading textbook, The Biology of Cancer (Garland Science, 2006).

Bid 0.7100 x 6,400 Low 0.7100 Up Volume 80,232
Ask 0.7136 x 1,200 VWAP 0.7183 Neutral Volume 89,879
Previous Close 0.7300 Trades 317 Down Volume 66,080

I intend to keep my long position, as I've decided I'm just sitting on a coiled spring and this baby is bound for glory.
post #178 of 516
i'm in on this as well now. 1k shr. really do think it's a coiled spring.
post #179 of 516
I am still holding long, but I admit something strange has been going on
Call Investor Relations and ask when the next board meeting is, so we can get this clown of a CEO kicked off the board and save the company $2M /yr. Engle has done enough damage in the last 2yrs.

XOMA Ltd.
Company and Investor Contact:
Carol DeGuzman
510-204-7270
deguzman@xoma.com

Prospectus [Rule 424(b)(5)] X4 <<<< Back-To-Back ???
Hopefully they are done with selling for the next 4-5 months.

They are registered for the massive BioAsia 2010 Partnership Event in January. Maybe ENGLE just wanted to fly 1st CLASS on the Concord and take all his employee's on a huge shopping spree in downtown Tokyo?

What I know is, when it looks like time to sell but you buy instead, you are often well-rewarded.
post #180 of 516
Volume picking up..started to climb.....
small position @ .71
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